Brief: Ina Invest And Cham Group Consider Merger

Cham Swiss Properties AG

23/09/2024 06:03

Sept 23 (Reuters) - INA INVEST AG  INAI.S :
    * AND CHAM GROUP CONSIDER MERGER TO CREATE ONE OF
SWITZERLAND'S
LEADING REAL ESTATE COMPANIES
    * MERGER IS TO BE CARRIED OUT AS A MERGER OF EQUALS
    * A CORRESPONDING LETTER OF INTENT HAS BEEN SIGNED BY BOARDS
OF
DIRECTORS OF BOTH COMPANIES
    * SHARES OF MERGED COMPANY ARE TO BE LISTED RESPECTIVELY
REMAIN
LISTED ON SIX SWISS EXCHANGE IN REAL ESTATE COMPANIES SEGMENT
    * DISCUSSIONS BETWEEN INA INVEST AND CHAM GROUP REGARDING A
POTENTIAL MERGER ARE STILL AT AN EARLY STAGE
    * SHAREHOLDERS OF BOTH COMPANIES WILL BE ABLE TO VOTE ON
PLANNED
MERGER AT THEIR RESPECTIVE ANNUAL GENERAL MEETINGS IN SPRING
2025
    * INA INVEST WILL PROVIDE INFORMATION ON RESULTS IN DUE
COURSE

Further company coverage:  INAI.S 

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